Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,219 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2738 OAKLAND AVE MINNEAPOLIS MN 55407 | RIVERVIEW REAL ESTATE | RESIDENTIAL | $256,400 | 48 ft |
| 2748 OAKLAND AVE MINNEAPOLIS MN 55407 | ABBOTT-NORTHWESTERN HOSP INC | LAND-COMMERCIAL | $0 | 72 ft |
| 2732 OAKLAND AVE MINNEAPOLIS MN 55407 | JULIA WANG | RESIDENTIAL-TWO UNIT | $378,200 | 96 ft |
| 2741 PORTLAND AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INITIATIVE LP | LOW INCOME RENTAL | $376,900 | 124 ft |
| 2745 PORTLAND AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INITIATIVE L/P | LOW INCOME RENTAL | $443,000 | 133 ft |
| 2728 OAKLAND AVE MINNEAPOLIS MN 55407 | D E & K L WANGEN | RESIDENTIAL-TWO UNIT | $317,300 | 144 ft |
| 2733 PORTLAND AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO II L P | LOW INCOME RENTAL | $1,027,000 | 144 ft |
| 2749 PORTLAND AVE MINNEAPOLIS MN 55407 | CITY GARDEN TRUST INC | VACANT LAND-APARTMENT | $20,000 | 158 ft |
| 2724 OAKLAND AVE MINNEAPOLIS MN 55407 | E S C HICAY & E Z TAZA | RESIDENTIAL | $198,000 | 189 ft |
| 2729 PORTLAND AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $407,000 | 191 ft |
Most Recent Sale
Current Tax Year